HF 3779

as introduced - 92nd Legislature (2021 - 2022) Posted on 02/24/2022 02:06pm

A bill for an act
relating to taxation; authorizing the Metropolitan Council to levy a property tax
for regional recreation open space capital costs; proposing coding for new law in
Minnesota Statutes, chapter 473.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

new text begin [473.3251] REGIONAL RECREATION OPEN SPACE TAX LEVY.
new text end

new text begin Subdivision 1. new text end

new text begin Indexed limit. new text end

new text begin (a) The Metropolitan Council may levy a tax on all taxable
property in the metropolitan area, as defined in section 473.121, to provide funds for
recreation open space purposes to any implementing agency, as defined in section 473.351,
to cover the costs, or any portion of the cost, of acquiring or developing regional recreation
open space in accordance with the policy plan. This tax for regional recreation open space
shall be levied and collected in the manner provided by section 473.13.
new text end

new text begin (b) For taxes payable in 2023, the tax levy limitation for property taxes levied by the
council under this section for regional recreation open space is $6,700,000. For taxes payable
in 2024 and thereafter, the tax levy limitation under this section is the product of: (1) the
council's tax levy limitation for the previous year determined under this subdivision
multiplied by (2) one plus a percentage equal to the growth in the implicit price deflator
defined in section 275.70, subdivision 2. The property tax levied under this section in any
taxable year shall not exceed the difference between: (1) the tax levy limitation amount
determined under this subdivision and (2) the amount of any debt service levies certified
for the payment of principal and interest on general obligation bonds under section 473.325,
subdivision 2, for taxes payable in such year.
new text end

new text begin (c) The taxes levied by the council under this section shall not affect the amount or rate
of taxes which may be levied by the council for other purposes.
new text end

new text begin Subd. 2. new text end

new text begin Deadlines; estimates. new text end

new text begin The commissioner of revenue shall certify the council's
levy limitation under this section to the council by August 1 of the levy year. The council
must certify its proposed property tax levy to the commissioner of revenue by September
1 of the levy year. The commissioner of revenue shall annually determine whether the ad
valorem property tax certified by the council for levy following the adoption of its proposed
budget is within the levy limitation imposed by this section. The commissioner of revenue
shall complete this determination prior to September 10 of each year. If current information
regarding the gross tax capacity in a county is not transmitted to the commissioner of revenue
in a timely manner, the commissioner may estimate the current gross tax capacity within
that county for purposes of calculating the levy limitation.
new text end

new text begin EFFECTIVE DATE; APPLICATION. new text end

new text begin This section is effective for taxes payable in
2023 and thereafter and applies in the counties of Anoka, Carver, Dakota, Hennepin, Ramsey,
Scott, and Washington.
new text end